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Notary bond - broke this and joined another job - bond is a service bond and only one-sided
Hello friends i want some help regarding notary bond. i have been signed 2 years 50000 bond at march06 and board was on 50rupees stamp paper at notary. now through this month i broke this and joined another job. this bond is a service bond and only onesided means if i leave or the company leaves me then on both sides i lose. so please help me about this matter.
Misrepresentation of employment bond and hr demanding breaching charges
Hi i am currently working in a it company based in pune and i have signed a bond with them to be employable with the company for minimum of 3 months and this is exact languages that is used in the bond. now the issue is i resigned 3 days before i complete my 3 months because i have to serve 2 months of notice from the date of resignation and hence my total employment with the company would be more than 3 months. but hr is demanding bond amount stating that you have resigned before 3 months which is nowhere mentioned that i cannot resign before 3 months it s just says i have to be employable for minimum of 3 months which i am fullfilling. p.s i am following proper resignation and exit protocol and not absconding. i am wanted to take expert s advice on what my remedies would be if hr creates problems to release my relieving and experience letter.
Breaking a bond query
Hi i was serving a bond with xyz company. i broke the bond before completion. as against i also paid the bond amount to company. hence no liability. now company gave me only reliving letter and did not give experience letter. nothing is specified in contract that on breaking a contract you will not get experience letters etc... by following bond and company policies i did pay the amount. now i want experience letter as well. what should i do ?? please put your valuable comments. thanks. yogesh5885.
Is bond legal in india...??
Hi... i joined a organistaion in february and there they made me sighn a bond... that i cnt lv the organistaion for 2 years and if i lv the organistaion before 2 years then i have to pay 2 lakhs indian rupees to the organisation... now my question is is this bond legal in india...? and can the comapny take any legal action if i leave the organistaion vdt paying before the time duartion of the bond ends i am asking this because the wrk cltr thr is very bad and they are exploiting us like anything and we too are helpless because of the bond... but now i cnt cntnue this way.. please share if u knw anything in this regards...
Would i be able to get my separation certificates?
Hi i worked at an mnc as a fresher for 6 months later which i broke the bond because i was financially weak then and absconded for educational purpose. now after a year i understand what i have done is wrong and decided to mail a letter of forgiveness clear the bond amount and collect my separation certificates with a clean remark. would they give me my certificates without any negative remarks?
Undertaking by an employee
Dear all today i have received one inetresting query from one of my collegue. his brother who is an engineer was working with a small firm . the person collegue s brother was fresher before joining this company.while joining to this company they have asked him to sign a bond. i have gone through that bond which is very subjective and doesn t talk about any compensation in case of breach of agreement. the bond says person has to work for minimum 1.6 yrs with the company after joining.the person was paid 6000 p.m. as salary. as soon as this person ahs joined the company he has been put on the job without any training. because of this persons talent they have earned a good profit and which was shared by the owner of that firm during one of their meetings with the employees. now this person has submitted resignation since he is getting an opportunity to go for m.s. in germany. he has submitted the resignation to the comapny which is not accepted. during discussion one more point came to know that since last 23 months this person is being put on some clerical job since comapny do not have any enough projects in hand. with which this person is not happy. finally he has stopped going to office but received as notice from company lawyer that either join the comapny or face for legal action. please share your views. how long this notice may put this person in trouble.whether this person need to pay nay compensation. santosh